Hungary: VAT on loans, installation services | KPMG | GLOBAL
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Hungary: Implications of VAT on loans, installation services

Hungary: VAT on loans, installation services

Recent developments concerning the value added tax (VAT) in Hungary include the following items.


Related content

  • A judgment of the Court of Justice of the European Union (CJEU) provides that loans granted within the framework of an agricultural integration contract are subject to Hungarian VAT.
  • The definition of “immovable properties” (certain type of real estate) and the connected supply of services is determined at the EU level, pursuant to Regulation 1042/2013/EU.
  • The Supreme Court of Hungary clarified that the supply of windows and related window installation services were to be seen as a supply of construction-installation services, and therefore subject to the reverse-charge mechanism under the VAT regime.
  • A proposal from the European Commission concerns rules for the generalized reverse-charge mechanism.


Read a February 2017 report (Hungarian / English) [PDF 200 KB] prepared by the KPMG member firm in Hungary

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